About the prize

The biannual Future Generation Art Prize is the only prize for the young generation of artists with a global dimension and guided by an open, free, and democratic application process (online). Supported by an eminent board, distinguished jury, and outstanding selection committee, the Prize brings together the best of the art world to champion a new generation of artists.

Together with its award of $100,000 and commitment to commission new works, the Prize sustainably supports artists around the globe.

With a network of over 60 partner platforms and 400 correspondents all over the world, the Prize benefits from its unique partners who work as ambassadors and encourage artists to apply for the prize.

Born in Kyiv in 1960, he graduated with honors from the Dnipropetrovs'k Metallurgical Institute in 1983. He became a research engineer in pipe production and earned a PhD degree in 1987. In 1990, he founded Interpipe Company on the basis of his patented innovations in pipe design, engineering and production, which were successfully adopted by leading metallurgical factories in the former USSR.

In 2007, he founded EastOne Ltd., an international investment advisory company whose portfolio comprises more than 20 businesses and large-scale projects, including Interpipe and assets in Ukraine and internationally in media, oil and gas, ferroalloys and others. In 2012, he opened an IT business incubator in Kyiv, Eastlabs, and the first newly built metallurgical plant in Ukraine for 45 years, a state of the art steel mill that also includes large scale installations of world renowned artist Olafur Eliasson.

Mr. Pinchuk served two terms as an elected Member of the Ukrainian Parliament, from 1998 to 2006. He retired from politics to focus on his business and philanthropic activities.

For over 12 years Mr. Pinchuk has developed philanthropic projects in Ukraine and internationally. In 2006, he consolidated these activities under the Victor Pinchuk Foundation, which became the largest private Ukrainian philanthropic foundation. Its mission is "Empowering future generations to become the change makers of tomorrow." It focuses on education, healthcare, providing access to the inspiration of contemporary art, and fostering Ukraine's international integration.

Mr. Pinchuk serves on the Board of the Peterson Institute for International Economics, the International Advisory Council of Brookings Institution, the board of trustees of the Museum of Contemporary Art (MOCA) and the International Advisory Board of the Atlantic Council.

Mr. Pinchuk was on the "2010 Time 100 - The World's Most Influential People" ("thinkers" section, along with Steve Jobs, Lee Kuan Yew, Zaha Hadid and others); he was honored along with Elena Pinchuk at the Elton John AIDS Foundation's «An Enduring Vision» ceremony in 2010 for contributions to the fight against HIV/AIDS; he has been included for five consecutive years in the "ARTnews 200 Top Collectors" and the "ArtReview Power 100" (#38 in 2013) and was presented with the Trebbia European Award for support of the arts and culture (2011). He is an Honorary Citizen of Kiev (2009). In 2013 Victor Pinchuk has received from Aurélie Filippetti, French Minister of Culture and Communication, the insignia of Knight in the "Ordre des Arts et des Lettres". November 18, 2014 in Kyiv, Ukrainian businessman and philanthropist Victor Pinchuk was presented with the Metropolitan Andrey Sheptytsky Award – 2014 for his work in fostering Ukrainian-Jewish relations and advancing his homeland's European aspirations. July 13, 2015 in Florence, Italy, Victor Pinchuk, is honored with "Palazzo Strozzi Renaissance Man of the Year Award 2014."

On February 19, 2013 Mr Pinchuk committed to give half or more of his fortune during his lifetime and beyond to philanthropic causes, joining the Giving Pledge, a philanthropic initiative founded in 2010 by Bill Gates and Warren Buffett.

Victor Pinchuk Foundation

The Victor Pinchuk Foundation, an international, private and non-partisan philanthropic foundation based in Ukraine, was established in 2006 by businessman and philanthropist Victor Pinchuk. It empowers the young generation to change their country and the world. To this end it implements projects and builds partnerships in Ukraine and worldwide. Since 2006, the Foundation has invested over US$ 125 million to transform Ukraine.

The Victor Pinchuk Foundation's projects include, among others: an all-Ukrainian network of neonatal center Cradles of Hope; the largest private scholarship program in Ukraine, Zavtra.UA; the WorldWideStudies scholarship programme for Ukrainian students studyingabroad and the PinchukArtCentre, the most dynamic art centre in Ukraine and the region, which gives free-of-charge access to contemporary art to inspire new thinking.

The Foundation supports the international network Yalta European Strategy (YES), a leading forum for discussing Ukraine's European future and global context.

The foundation supports a crowdfunding platform to foster giving in Ukrainian society, the Ukrainian Philanthropic Marketplace. The Foundation is a member of the European Foundation Centre and the Ukrainian Grantmakers Forum. It cooperates with the Atlantic Council, the Brookings Institution, the Tony Blair Institute for Global Change, Amicus Europae Foundation and other nongovernmental organizations, with the ANTIAIDS Foundation of Mr. Pinchuk's wife Elena Pinchuk that implements projects to fight HIV/AIDS, among others in cooperation programs with the Clinton HIV/AIDS Initiative, the Elton John AIDS Foundation.

PinchukArtCentre

The PinchukArtCentre was founded in September 2006 in Kyiv by Victor Pinchuk. Since then it is one the largest and most dynamic private contemporary art centers in Central and Eastern Europe. With over 3 million visitors, the PinchukArtCentre became an international hub for contemporary art, developing the Ukrainian art scene while generating a critical public discourse for society as a whole.

For more than a decade, PinchukArtCentre has brought works of over 250 international artists to Ukraine providing free access to new ideas, perceptions and emotions. Its program investigates national identity in the context of international challenges.

Simultaneously PinchukArtCentre invests in the next generation though the Future Generation Art Prize and the PinchukArtCentre Prize (an award for young Ukrainian contemporary artists aged 35 or younger). Through the biennial Prizes, the institution has become a leading center for the best emerging artists worldwide, while empowering a new generation in Ukraine.

In 2016, PinchukArtCentre launched Research Platform as a pioneering project that aims to generate a living archive of Ukrainian art from the early 1980s through the present.